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Also, I'm not say screw the trend...mean reversion is where its at. I'm not going to start fading the ES and adding every 10 handles that it goes up and and say "its due for a correction etc. etc" I trade stocks intraday, I have no idea what works on a higher timeframe or in other...

Mind you, the approach involves purely mean reversion...with a regular adding to losing positions etc. Common trading advice would say that there is no way would not lead to some type of blow-out. Hes been trading this way for 10 years, pretty long track record.

If your a trend trader, all of the mean reversion plays also disappear from sight. It's a circular discussion, different strokes for different folks. There's a guy who runs a group in my office who trades exclusively in pair trades. He's had like one losing month in the past 5 years and has made...

If I'm not mistaken...selling option premium entails unlimited risk, if your naked! Buying low and selling high with a stop is surely different right?

So what is the trend trader to do in a market like this? He would get chopped up playing momentum in this environment. Learning to recognize the environment and not fight the tape would probably help. Yesterday we had some strong moves in many stocks...fading would've been a losing strategy...

With a the A-fades...here is something that has been working for me lately. Choose any volatile and liquid name(aapl, lvs, cat etc.) and just play the ranges. I make sure the stock is ranging and not trending .When price gets extended to the A-value and fails, fade it. The frequency by which...

Yep thats exactly what I do! Ya i've searched all over for the net for it, but no luck

Nobody? I'm getting excel overload LOLL

Does anybody have an indicator to plot A-levels on thinkorswim(specified to your parameters). I'm finding it cumbersome to put new a-levels on every symbol that I am watching or pull up!

Yea pretty simple, look for those stocks that have some room to go before hitting their ATR's. Regardless, unless you have traded based on these principles you can't really say anything. If you can identify those stocks that are likely to have follow through(news, earnings, order flow) then you...

You know what, I've def noticed a mean reverting tendency in alot of stocks. I forward tested a breakout system with ACD and it kinda confirmed this. This even was the case in many news stocks that I was playing. I noticed a very strong tendency to hit my max stop...I used time stops so I got...

PassPerfect Material is supossed to be pretty good, taking mine in a few days...we shall see

Crazy that Fisher uses some of this stuff. I guess its based off of some Gann time cycles? I know a guy that uses some of that stuff...never thought any of the big boys looked at it.

I had a temporary subscription, From what I remember its daily pivot range values and then ranking them based off a rolling 20 day period.

Looks like they are just using tick and point values. Ticks for Crude, points for ES etc.

Has anybody done any testing with the significance of different A-values? I am amazed by how often stocks will move into A-levels and it will mark the top/bottom of that move. The moves that grind into the a levels don't hold this same type of reaction. When you get those momentum and large...

IMO...the lowest risk entry is selling the intraday spike into resistance. Whenever you get a wide-spread move into a level like that it means that move is getting extended. The reaction off of the resistance level tells you that the sellers have came in. It like action/reaction...don't...

I was just trying to point out to the prior poster, that if one is getting continually trapped in moves. If you are one of those people that routinely buy the high and sell the low(50%+). This is valuable info...you are wrong more often than randomness would suggest! Valuable info.

TO, Would you agree that if someone is continually buying the high, selling the low...it would be beneficial to do the oppositte. When I first started daytrading, I consistently put on trades that would go against me and hit my stop plus more! If I had no ego at the time and simply used...

The answer is obvious! Do the opposite of what you are doing now. When you think buy, sell. And vice versa. If somebody had told me this when I first started I'd be Alot further along by now!